SFGTV2: San Francisco Government Television
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Nov 21, 2012
11/12
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with some tough budget decisions again, including where to make cuts and whether or not to increase taxes. how will you approached these hard choices? >> our budget is one of the very top challenges facing city government right now. over each of the years i have served, we have had to balance budget deficits that were around $500 million. this year, we're facing another budget deficit of almost $400 million. fortunately in recent years, we have had some ability to do some one-time budgeting tricks that allow us to balance the budget that do not exist this year. in past years, we've received federal stimulus money. we received more monies from the state government. last year our labor unions decided to contribute a quarter of a billion dollars to help balance last year's and this year's budget. those are things we do not have the ability to avail ourselves of us we balance the upcoming budget in a few months. we are faced with far fewer options. i think we are going to have to continue to look at very deep and difficult cuts. our priorities have to be insuring and protecting the most basic
with some tough budget decisions again, including where to make cuts and whether or not to increase taxes. how will you approached these hard choices? >> our budget is one of the very top challenges facing city government right now. over each of the years i have served, we have had to balance budget deficits that were around $500 million. this year, we're facing another budget deficit of almost $400 million. fortunately in recent years, we have had some ability to do some one-time...
SFGTV: San Francisco Government Television
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Nov 21, 2012
11/12
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SFGTV
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and the results that have moved our city forward in the right direction, from the payroll tax reform to housing, to taking care of our parks. i appreciate your advocacy and your commitment to san francisco. because of our collective efforts, san francisco voters were able to make a very thoughtful choices at the ballot box this past couple of weeks, that have helped fund infrastructure, move to job creating tax policy, and invest in critical housing needs in our city. collectively helping san francisco families and businesses. with that i'd like to take your two questions, supervisors. thank you. >> president chiu: thank you. our first question will be provided by our district 6 colleague, supervisor kim. >> supervisor kim: thank you and congratulations on your leadership on the propositions we passed a through e. in our district we've gotten many e-mails and questions about this but something that hasa uát up with our resident what are current procedures for recouping cost for street closures. specifically, what costs are being reimbursed to the city, beyond permitting fees and wha
and the results that have moved our city forward in the right direction, from the payroll tax reform to housing, to taking care of our parks. i appreciate your advocacy and your commitment to san francisco. because of our collective efforts, san francisco voters were able to make a very thoughtful choices at the ballot box this past couple of weeks, that have helped fund infrastructure, move to job creating tax policy, and invest in critical housing needs in our city. collectively helping san...
SFGTV2: San Francisco Government Television
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Nov 21, 2012
11/12
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SFGTV2
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making sure the government supports research at the deepest trouble and is providing not just grants but tax credits. the focus on making sure that we're building a culture of innovation. colorado is the last three years when there were no jobs anywhere, more 25-34 year-old came to call rudder than any other state in the country. -- colorado more than any other state in the country. we want to make sure they are employed in innovative companies that have an opportunity for full education and research. there has to be a culture fun -- from the federal grant all the way down in research. they should hammer out what the appropriate compromise is to repatriate all those overseas profit corporations are not putting back into our or economy. the largest beneficiary would be california. we want to see what the cutting edge is. most of a still look for california. -- loomost of us still look to california. what governor brown said about the traditional politics is all about taking the thing in making it fresh. to a certain extent, i tried to be a writer in college. i failed miserably. a professor sa
making sure the government supports research at the deepest trouble and is providing not just grants but tax credits. the focus on making sure that we're building a culture of innovation. colorado is the last three years when there were no jobs anywhere, more 25-34 year-old came to call rudder than any other state in the country. -- colorado more than any other state in the country. we want to make sure they are employed in innovative companies that have an opportunity for full education and...
SFGTV2: San Francisco Government Television
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Nov 26, 2012
11/12
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SFGTV2
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we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here from oakland cut -- oakland, i saw those cars in the ordinary lanes. one person per car. you have this one person with all this steel and plastic and oil. it is ridiculous. we're figuring out ways to do that. whether it is high speed rail or electric cars. the first will be rolling off the factory in treatments in the next few months -- in three months and in the next few months. yes, the innovative companies are small. the electric cars -- the tanks are small but so is fairchild or in tal or hewlett-packard -- intel or hewlett-packard or steve jobs. the seats we plan
we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here...
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Nov 25, 2012
11/12
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KBCW
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they're saying they re not g to raise taxes? so . >>> new questions about super majority for the democrats in sacramento as the new legislative session is about the begin. what is 2 next move is this. >> they say they are not raising taxes. we have heard that before. what are they going to be doing? the labor unions and other special interest that is back the super majority claim to fame are not going to goodie up the power. >> not after spending $100 million to make sure prop 30 and passed and prop 32 didn't pass. number one, they will make it more difficult for municipalities. number 2 increasing environmental regulations. number 3 possibly the initiative process to make it more difficult for a single individual. legislation for a single individual to put things on the ballot. >> so, basically what the democrats have the option of doing is rewriting the rule, whether it is municipal bankruptcy to protect the contracts of firefighters, police and such and environmental regulations, or the initiative prosthesis. >> all those are
they're saying they re not g to raise taxes? so . >>> new questions about super majority for the democrats in sacramento as the new legislative session is about the begin. what is 2 next move is this. >> they say they are not raising taxes. we have heard that before. what are they going to be doing? the labor unions and other special interest that is back the super majority claim to fame are not going to goodie up the power. >> not after spending $100 million to make sure...
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six taxes eighteen taxes three hundred twelve all these different numbers. how do you respond to those well here's the thing i mean i think i mean obviously after the whole campaign what's really really clear is that there was two candidates one of whom campaign to rebuild the middle class and one of whom did it one of whom believed in the middle class and the other of whom talked about a slacker class and so the middle class one and when it comes to all of the debate about this law has been totally political i've never met an uninsured person who says i don't like this law it's too complicated right i just doesn't happen right and so you know and small business is that are struggling with health care costs that actually provide health care for their employees are excited about this so you know i was riding care and we need to keep our eye on the prize right now implementing this law thirty five million people get health insurance medicare medicaid get stronger we improve care we get better outcomes that's what this is about and and deep. right it's that you
six taxes eighteen taxes three hundred twelve all these different numbers. how do you respond to those well here's the thing i mean i think i mean obviously after the whole campaign what's really really clear is that there was two candidates one of whom campaign to rebuild the middle class and one of whom did it one of whom believed in the middle class and the other of whom talked about a slacker class and so the middle class one and when it comes to all of the debate about this law has been...
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Nov 29, 2012
11/12
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KTVU
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the white house and congressional leaders are trying to avoid automatic spending cuts and tax hikes that take effect if congress does not take action to stop them. going over the fiscal cliff could trigger a recession, some say. >>> mitt romney was at the white house earlier today for a lunch meeting with president obama. his invitation keeps the promise he made when he declared victory on election night to talk with the gop candidate about areas where they have common interests. the two were to talk over lunch in the white house private dining room. the president's press secretary said the president didn't have any particular agenda, and it was closed to the media. >>> out of service. we were hear when police tested this emergency phone. we'll show you what happened and tell you why this phone is just part of a larger problem. >>> more specifics on when the next storm arrives in your neighborhood and how much rain it will bring. >>> as the dump truck continued forward, it hit nine other vehicles, so 11 vehicles totaled. >> a truck crashed in the east bay. the simple explanation for what
the white house and congressional leaders are trying to avoid automatic spending cuts and tax hikes that take effect if congress does not take action to stop them. going over the fiscal cliff could trigger a recession, some say. >>> mitt romney was at the white house earlier today for a lunch meeting with president obama. his invitation keeps the promise he made when he declared victory on election night to talk with the gop candidate about areas where they have common interests. the...
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Nov 24, 2012
11/12
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CSPAN
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today, no one seems to want to pay taxes. no one wants to legislate taxes. people want something, they can purchase it and the state or federal government are both will benefit as a result. we are in a double parallel. >> one point of departure -- there is a key difference between a lot and marijuana. one has a certain cultural tradition that transcends a generation. marijuana perhaps not the same tradition. what lessons can we draw? but i think you're right. alcohol was an integral part of western culture for millennia before prohibition. certification indigenous peoples in this country, marijuana has been the same -- for certain indigenous peoples in this country, marijuana has been the same. there is a generational issue at play here. people who grew up with the presence of marijuana as being effective law -- a fact of life, it is different from what it was back in to the 1950's. >> what is interesting about drug law today is there is an errant -- under current taking place at the state level to legalize or relieved some of the criminal components, leadin
today, no one seems to want to pay taxes. no one wants to legislate taxes. people want something, they can purchase it and the state or federal government are both will benefit as a result. we are in a double parallel. >> one point of departure -- there is a key difference between a lot and marijuana. one has a certain cultural tradition that transcends a generation. marijuana perhaps not the same tradition. what lessons can we draw? but i think you're right. alcohol was an integral part...
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Nov 28, 2012
11/12
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KRCB
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>> tax rates going up, having tax rates go up is not wise for the economy. that we have put on the table in our past two budgets are to address tax revenues having revenues increase by way of closing the loopholes, limiting the deductions, limiting the credits, making certain that we lower the tax rates for everybody and broaden the base. that actually gets the economy rolling again so that we can grow the revenue to the federal government by having pro growth policies. the other side of this is the spending. that hasn't been addressed by the president. we wait for the president to be able to put his spending reductions on the table. >> brown: let me ask you to stay on the taxes for a minute. when you talk about revenu not rays, are there enough details there because a lot of budget experts will say that closing loopholes like that won't be enough until we know exactly what those loopholes are. >> what we do know are the rate increases that have been recommended by the president, get enough money to run the federal government for eight days not eight months
>> tax rates going up, having tax rates go up is not wise for the economy. that we have put on the table in our past two budgets are to address tax revenues having revenues increase by way of closing the loopholes, limiting the deductions, limiting the credits, making certain that we lower the tax rates for everybody and broaden the base. that actually gets the economy rolling again so that we can grow the revenue to the federal government by having pro growth policies. the other side of...
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Nov 22, 2012
11/12
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it is not conservatism bound to 35% tax rate. that is not one of the immutable principles of american conservatism. we want taxes to be as low as they can possibly be while running a government that is not bankrupt and in structural deficit for as far as the eye can see. you will have to see republican leaders step up here and meet the president's somewhere in the middle on this to get the country's fiscal path on a path to solvency so we can start to have economic growth again in the country. >> do you want to comment a little bit about what you expect from the next six weeks? not even six weeks? however many weeks it is now between -- between now and the start of this booklet. working in the white house limits what you can say, but how you see his plan at between now and january? >> steve is exactly right, all the you are seeing a very concerted members of the house dig in on a no revenues. it is good to see many republicans saying yes. i cannot get into a lot of details -- i think it is unrealistic to expect next week we will
it is not conservatism bound to 35% tax rate. that is not one of the immutable principles of american conservatism. we want taxes to be as low as they can possibly be while running a government that is not bankrupt and in structural deficit for as far as the eye can see. you will have to see republican leaders step up here and meet the president's somewhere in the middle on this to get the country's fiscal path on a path to solvency so we can start to have economic growth again in the country....
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Nov 24, 2012
11/12
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among other things, you're saying taxes should go-- in other words, the bush tax cuts should be allowed to expire on everyone under $500,000. which is more than what the president is saying. he's saying it ought to be at 250. yet difference? and have you tukd him about that? >> sure, yeah, yeah, it was over 500, not under 500. yeah, i-- that position, judy, is one that i put on the table a year ago. and i'll tell you why. there isn't anything sort of theological about the $500,000 number. it's just a compromise. the democrats' position has been tax cuts to expire over 250. the republicans' position has been make all the tax cuts permanent. so a year ago i put a of a compromise on the table. if that compromise were accepted, it would raise $500 billion in revenue over the next 10 years, which would take the potential trillion-dollar sequester and cut it in half. and there arar a couple of other steps i put on the table during the campaign as well that would reduce the need to find savings that would shred the safety net or hurt the economy. i am really heartened by the of discussion that
among other things, you're saying taxes should go-- in other words, the bush tax cuts should be allowed to expire on everyone under $500,000. which is more than what the president is saying. he's saying it ought to be at 250. yet difference? and have you tukd him about that? >> sure, yeah, yeah, it was over 500, not under 500. yeah, i-- that position, judy, is one that i put on the table a year ago. and i'll tell you why. there isn't anything sort of theological about the $500,000 number....
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Nov 27, 2012
11/12
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. >> i myself am opposeed to tax increases. >> i don't think if you raise taxes 100% on the wealthy. you're not going to fix the revenue problems. >> all our democratic colleagues want to talk about is more taxes, more taxes more revenue. >> we never cut spending. >> you want additional revenue by capping deductions. >> i will not raise tax rates to do it. i will cap deductions. >> cenk: aah, so they don't want to raise the rates. what they want to do is take away things like your home mortgage deduction. you know who that hits, the middle class. of course! of course! they're going to take most of it from the middle class. you think they're going to give up tax cuts to the rich? this republican party? it's mainly a trick. nonetheless, grover norquist said not enough, nin nin nin is that too much. >> they need to focus on reforming government not raise taxes to pay for bigger government each year. it's not working. it's not easy. but throwing up your hands and saying maybe i'll throw up taxes instead of governing is not the way to go. >> cenk: you know raising taxes is also governing.
. >> i myself am opposeed to tax increases. >> i don't think if you raise taxes 100% on the wealthy. you're not going to fix the revenue problems. >> all our democratic colleagues want to talk about is more taxes, more taxes more revenue. >> we never cut spending. >> you want additional revenue by capping deductions. >> i will not raise tax rates to do it. i will cap deductions. >> cenk: aah, so they don't want to raise the rates. what they want to do...
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increase tax top tax and he was bent over the way he was wrong. nixon defended a he was wrong or can't either but so is right but tom nobody was paying ninety percent for real because there's because what happens is the democrats when they had three million dollars a quick take on audio but everybody did their businesses so that they could pay their employees of these away democrats raise the rates so that they can sell deductions that's how the game is played that is well that's how they always corazon republicans want to lower the rates that so you can't sell deductions if the rates are low the reality though is that during that period of time when the top tax rate topping them tax rate was ninety one seventy four percent from from one hundred thirty five one hundred thirty three nine hundred thirty three ok no until until the eisenhower here in the regular mr ok during that period of time you had you had c.e.o.'s who were not living in mansions they were you know and only one private well you had some people who were having rich you didn't have
increase tax top tax and he was bent over the way he was wrong. nixon defended a he was wrong or can't either but so is right but tom nobody was paying ninety percent for real because there's because what happens is the democrats when they had three million dollars a quick take on audio but everybody did their businesses so that they could pay their employees of these away democrats raise the rates so that they can sell deductions that's how the game is played that is well that's how they...
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Nov 29, 2012
11/12
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KQEH
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the journal "politico" reported he's urging colleagues to extend middle class tax cuts but allow tax rates for top earners to rise for now. that's what the president wants, but republican leaders have called for raising revenues by closing loopholes and capping deductions. and this morning, house speaker john boehner said he'd reinforced that position to congressman cole. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident that they have most of their folks in line. they all generally support keeping tax rates low for virtually for every single income group. they do not want to see incomes increase for that top tax bracket. >> brown: meanwhile, on the senate floor, minority le
the journal "politico" reported he's urging colleagues to extend middle class tax cuts but allow tax rates for top earners to rise for now. that's what the president wants, but republican leaders have called for raising revenues by closing loopholes and capping deductions. and this morning, house speaker john boehner said he'd reinforced that position to congressman cole. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small...
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Nov 26, 2012
11/12
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KPIX
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used the churchy's credit cards for $100,000 in personal expenses and owed the irs $300,000 in back taxes. >> i don't think that, you know, withs his past history that he should be preaching at all. >> reporter: things got ugly here last month when the pastor showed up for his first day at the church. cloaked in his white robe and carrying a bible and parishioners confronted him outside. >> basically told him to present his papers. you have to have papers to take over the church. he did not have his papers. >> reporter: this parishioner is also a reporter for the san francisco post. >> like a brief altercation. i don't know shoving, might have been hollering. >> reporter: the issue is under consideration. the reverend has been back once since kicked out. >> if he stays will it be awkward? >> most definitely but we are hoping that will not happen. >> reporter: back to you. >>> a major tragedy in a country used to struggle. how bangladesh is revealing from a massive factory fire. >>> and violence in egypt. what the country's new preside president has done to anger his people. >>> big change
used the churchy's credit cards for $100,000 in personal expenses and owed the irs $300,000 in back taxes. >> i don't think that, you know, withs his past history that he should be preaching at all. >> reporter: things got ugly here last month when the pastor showed up for his first day at the church. cloaked in his white robe and carrying a bible and parishioners confronted him outside. >> basically told him to present his papers. you have to have papers to take over the...
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Nov 26, 2012
11/12
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KPIX
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. >> i would be very much opposed to raising tax rates. but i do believe we can close a lot of loopholes. >> reporter: and democrats say just closing loopholes and cutting deductions isn't enough. >> you've got to raise additional revenues, including tax rates on the wealthy. >> those have to go up? >> they have to go up. >> reporter: in any deal, republicans insist on big cuts to entitlement programs like medicare and social security. now taxes are getting all the attention right now but these talks also need to address the federal debt limit. it's set by law at $16.4 trillion. the nation is already approaching the national debt of $16.3 trillion. nobody wants a repeat of that summer standoff we went through last year. >> certainly so. susan mcginness in washington this morning, thank you so much. >>> while washington is worried about the fiscal cliff it appears the average american is looking to spend. the holiday shopping season got started in record fashion thanksgiving night and the spending spree lasted through the weekend. according
. >> i would be very much opposed to raising tax rates. but i do believe we can close a lot of loopholes. >> reporter: and democrats say just closing loopholes and cutting deductions isn't enough. >> you've got to raise additional revenues, including tax rates on the wealthy. >> those have to go up? >> they have to go up. >> reporter: in any deal, republicans insist on big cuts to entitlement programs like medicare and social security. now taxes are getting...
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Nov 28, 2012
11/12
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MSNBCW
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during the clinton administration, tax -- top tax rate was 39.6% and the economy took off. let's do that again. >> as we hear earlier mitt romney will be at the white house tomorrow. he obviously doesn't need to worry about my2k because his is worth more than $100 million. what's the understanding of this meeting? we understand paul ryan will be there as well. >> i think the president wants to strike a bipartisan note. romney no longer has to mullify the right wing of his paerd. he doesn't have strong feelings about much of anything at all. is it possible he could come out and bless what these business executives have been calling for, which is the president's balanced approach? anything's possible with mitt romney. and i think it very much makes sense for the president to extend an olive branch. you can say that -- >> but i thought mitt romney was -- hang on a second. i thought mitt romney was the one who proposed and espoused the notion of closing loopholes as the only way -- >> we know he's a flip-flopper. we don't have to -- >> that's true. >> he actually does -- it's e
during the clinton administration, tax -- top tax rate was 39.6% and the economy took off. let's do that again. >> as we hear earlier mitt romney will be at the white house tomorrow. he obviously doesn't need to worry about my2k because his is worth more than $100 million. what's the understanding of this meeting? we understand paul ryan will be there as well. >> i think the president wants to strike a bipartisan note. romney no longer has to mullify the right wing of his paerd. he...
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Nov 27, 2012
11/12
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KRCB
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lawmakers are under preure to strike a deficit deal, preventing the tax hikes and deep spending cuts. wall street's week got off to an uncertain start, partly over concerns that strong holiday sales won't last. the dow jones industrial average lost 42 points to close at 12,967. the nasdaq managed about a ten- point gain to close at 2976. the woman who helped steer the government's regulatory response to the 2008 financial crisis is stepping down. mary schapiro announced today she's resigning as chair of the securities and exchange commission after nearly four yes. president obama has designated s.e.c. commissioner elisse walter to replace schapiro, effective december 14. in bangladesh, thousands of people protested today over a deadly fire at a factory that makes garments for american and other companies. at least 112 people died in the saturday night blaze on the outskirts of dhaka, the country's capital. today, crowds of textile workers demanded justice and improved conditions. they accused management of putting production quotas ahead of people's lives. . >> reporter: what the fire
lawmakers are under preure to strike a deficit deal, preventing the tax hikes and deep spending cuts. wall street's week got off to an uncertain start, partly over concerns that strong holiday sales won't last. the dow jones industrial average lost 42 points to close at 12,967. the nasdaq managed about a ten- point gain to close at 2976. the woman who helped steer the government's regulatory response to the 2008 financial crisis is stepping down. mary schapiro announced today she's resigning as...
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Nov 28, 2012
11/12
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MSNBCW
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letting the wealthiest tax cuts, the tax cuts go back to the clinton era, will provide the revenue so that those cuts don't to be deep and hurt so badly. >> senator patty murray, the fight we have a long way to go, even though the calendar year ends on december 31st, thank you so much for your time. >> coming up, ambassador susan rice returns to the hill to meet with the new set of republican lawmakers. but are these meetings congressional inquiry or job interview? we will take a look just ahead. my doctor told me calcium is efficiently absorbed in small continuous amounts. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. >>> after a trio of skeptical republican senators voiced their troubles with u.n. ambassador susan rice's answers yesterday another top gop lawmaker senator susan collins went there today. >> what troubles me so much is the benghazi attack in many ways echos the attacks on those embassies in 1998 when susan rice was head of the african region for our state department. >> we discuss the late
letting the wealthiest tax cuts, the tax cuts go back to the clinton era, will provide the revenue so that those cuts don't to be deep and hurt so badly. >> senator patty murray, the fight we have a long way to go, even though the calendar year ends on december 31st, thank you so much for your time. >> coming up, ambassador susan rice returns to the hill to meet with the new set of republican lawmakers. but are these meetings congressional inquiry or job interview? we will take a...
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Nov 29, 2012
11/12
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FOXNEWSW
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. >> there is a lot to be said for a wealth tax and especially a concrete wealth tax. >> bill: far left beginning to push for wealth tax that means the feds would confiscate private property. this is being kept very quiet but tonight you will hear all about it? >> gay marriage or accepting immigrants. >> you are absolutely right. they don't want to believe it's time to change it. >> rhode island governor chafee saying he will not save christmas because the times are a changing. we sent jesse wawfortsz -- watters up to rhode island to find out what the heck is going on. >> isn't it discriminating against christians by calling it a holiday tree? >> caution. you are about to enter the no spin zone. the factor begins right now. >> bill: i'm bill o'reilly, thanks for watching us tonight. america need leaders. in order to turn the country around -- and boy do we need that -- good leadership will have to step up. that means politicians who put you ahead of their own welfare. elected officials who are honest, intelligent and daring. we need that kind of leadership. it's one of the reasons i wro
. >> there is a lot to be said for a wealth tax and especially a concrete wealth tax. >> bill: far left beginning to push for wealth tax that means the feds would confiscate private property. this is being kept very quiet but tonight you will hear all about it? >> gay marriage or accepting immigrants. >> you are absolutely right. they don't want to believe it's time to change it. >> rhode island governor chafee saying he will not save christmas because the times...
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Nov 28, 2012
11/12
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KPIX
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the federal government takes off 25% in taxes. then depending on where you live there's state and city taxes. if you don't see me in this seat tomorrow it's because i hit it. if you don't see me or ashley morrison tomorrow it's because we're halfway to a caribbean destination sipping on cocktails. ashley morrison has moneywatch this morning. am i telling the truth here? >> i would have two tickets to paradise so quickly. you have no idea, we would be out of here. good morning. lack of progress on fiscal cliff talks in the u.s. sent asian markets lower this morning. tokyo's nikkei loss more than 1% hitting a one week low while the hang seng fell half of a percent. the deficit reduction talks weighed on wall street. the dow lost 9 points while the nasdaq gave up 9 points. brick-and-mortar sales reported increased sales to kick off the holiday shopping season. home prices in most major american cities are on the rise. a survey showed prices rose 3% in september. the bangladesh garment factory where 112 people were killed produced clo
the federal government takes off 25% in taxes. then depending on where you live there's state and city taxes. if you don't see me in this seat tomorrow it's because i hit it. if you don't see me or ashley morrison tomorrow it's because we're halfway to a caribbean destination sipping on cocktails. ashley morrison has moneywatch this morning. am i telling the truth here? >> i would have two tickets to paradise so quickly. you have no idea, we would be out of here. good morning. lack of...
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Nov 26, 2012
11/12
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KGO
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some republicans saying they are now willing to break that pledge of no new taxes. david kerley at the white house tonight. >> reporter: with some shopping done, president obama may be getting a gift from some republicans, republicans who signed a pledge never to raise taxes. this morning on abc news, a leading senator. >> i will violate the pledge. long shory short, for the good of the country if democrats will do entitlement reform. >> reporter: and pete chambliss says he will not abide by the pledge. support from a vocal house member too. >> i agree. a pledge you signed 20 years ago, 18 years ago is for that congress. the world has changed and the economic system is different. >> reporter: they are talking about that man's pledge, americans for tax reform president grover norquist who has hundreds of republicans signed. >> do you feel you are under assault? >> no. it allows elected officials to make it clear openly to voters where they stand. are they going to be able to perform in government of raising taxes. >> reporter: norquist's threat that he will help fund
some republicans saying they are now willing to break that pledge of no new taxes. david kerley at the white house tonight. >> reporter: with some shopping done, president obama may be getting a gift from some republicans, republicans who signed a pledge never to raise taxes. this morning on abc news, a leading senator. >> i will violate the pledge. long shory short, for the good of the country if democrats will do entitlement reform. >> reporter: and pete chambliss says he...
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Nov 26, 2012
11/12
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for more than $100,000 in personal expenses and that he owed the irs more than there 300,000 in back taxes. >> and i don't think, you know, with his past history that he should be preaching. at all. >> reporter: things got a little ugly here last month when the pastor showed up for his first day at the church cloaked in his white robe and carrying a bible and some parishioners confronted him outside. >> and basically told him to present his papers. you have to have papers to take over the church. he did not have his papers. >> the parishioner is a reporter for the san francisco post. >> kind of hike a brief altercation, kind of a little shoving and hollering. >> reporter: the church says it is under consideration, the reverend has been back once since being kicked out. >> the what if he stays will it be awkward around here? >> most definitely but we are hoping that will not happen. >> reporter: back to you. >>> they are meant to alleviate traffic but some shuttle buses are causing traffic problems. how they are getting in the way of other people getting to work on time. >> i hope you enjoy
for more than $100,000 in personal expenses and that he owed the irs more than there 300,000 in back taxes. >> and i don't think, you know, with his past history that he should be preaching. at all. >> reporter: things got a little ugly here last month when the pastor showed up for his first day at the church cloaked in his white robe and carrying a bible and some parishioners confronted him outside. >> and basically told him to present his papers. you have to have papers to...
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Nov 28, 2012
11/12
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. >> i don't think the tax question was a hard question. the commerce clause question i think was hard. i could have seen that coming out the other way. but to be in the majority on that, but lose on the tax question, i would never have guessed. >> rose: i mean, i was totally surprised by the tax aspect of it. >> tell me about it. >> rose: i presume you have -- it came out of left field to people or right field, which was it? >> and it was a tax for one purpose but not for another purpose. anyway, water over the d a.m. >> rose: i know you always say that. you sort of say to people about bush versus gore. get over it, get over it. >> >> rose: yet it decide add presidential election. >> the supreme court was going to decide it. the issue was -- >> rose: you blame gore because he. >> he wanted judges to decide it so judges decided it. >> rose: you have no regret about that, do you? >> oh, it was an easy case, it really was. >> rose: why was it so easy? >> look,. >> rose: you stopped the florida court -- >> yes, but on a principled question of
. >> i don't think the tax question was a hard question. the commerce clause question i think was hard. i could have seen that coming out the other way. but to be in the majority on that, but lose on the tax question, i would never have guessed. >> rose: i mean, i was totally surprised by the tax aspect of it. >> tell me about it. >> rose: i presume you have -- it came out of left field to people or right field, which was it? >> and it was a tax for one purpose but...
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Nov 29, 2012
11/12
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it's not like folks who make more than 250 aren't getting a tax break, they've getting a tax break on the first 250, just like everybody else. >> congressman cole first said this in a closed door meeting with republicans yesterday. he said basically exactly what president obama just said and he then expanded on his comments instead of denying them or refusing to comment at all, which he could have done. house speaker john boehner, who needs other loyal republicans to start talking sense to crazy tea par party, he was outraged by his suggestion. >> you're not going to grow the economy if you raise tax rates on the top two rates. we're willing to put revenue on the table as long as we're not raising rates. >> but that didn't stop congressman cole from going on hardball today continuing to sell the idea of making peace with the president for the sake of 98% of american taxpayers. >> if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, i think that is a point we should agree op. >> tom cole also made it clear he is still a b
it's not like folks who make more than 250 aren't getting a tax break, they've getting a tax break on the first 250, just like everybody else. >> congressman cole first said this in a closed door meeting with republicans yesterday. he said basically exactly what president obama just said and he then expanded on his comments instead of denying them or refusing to comment at all, which he could have done. house speaker john boehner, who needs other loyal republicans to start talking sense...
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Nov 27, 2012
11/12
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republicans oppose any increase in tax rates for the wealthy. the president refuses to sign any legislation extending the current tax rates to the top 2% of earners. the president's been in negotiations with house speaker john boehner and has said he's willing to put almost anything on the table except social security. he wants to deal with that separately next year, but republicans want all entitlements included in talks. they want the president to make the first move with an initial proposal. and the white house says it has not received a realistic proposal from republicans that would raise the kind of revenue president obama is seeking. >> susan mcginnis in washington this morning. thank you so much. >>> amid sky high approval ratings in the wake of superstorm sandy, new jersey governor chris christie said he will be seeking re-election next year. he said the preliminary damage from sandy is nearly $30 million. christie says he's in it for the long haul to help jersey recover. >>> coming up on the morning news, click and shop. cyber monday ri
republicans oppose any increase in tax rates for the wealthy. the president refuses to sign any legislation extending the current tax rates to the top 2% of earners. the president's been in negotiations with house speaker john boehner and has said he's willing to put almost anything on the table except social security. he wants to deal with that separately next year, but republicans want all entitlements included in talks. they want the president to make the first move with an initial proposal....
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Nov 27, 2012
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that's forced upon him by the expiration of those tax cuts at the end of the year. but it seems to be embraced as what he wants to work on. president obama is not arguing for that tax cut expiration date to be extended, to be put off for awhile, to work on something else in the meantime. he seems to want this fight. not only talking about this reminding everybody that it is what he campaigned on when he won reelection. "the new york times" is he's employing the support information data base he built during his campaign toward trying to win that policy fight. and again, in addition to that, there's the breaking news of the president seeming to be lining his ducks in a row for nominating susan rice for secretary of state. the potential nominee taking meetings with the senate foreign relations committee, including john mccain, tomorrow morning. she will be taking that meeting alongside the acting director of the cia. in addition to this fight over the tax cuts, the president is not shying away from the secretary of state fight either. we know what he's being pressured
that's forced upon him by the expiration of those tax cuts at the end of the year. but it seems to be embraced as what he wants to work on. president obama is not arguing for that tax cut expiration date to be extended, to be put off for awhile, to work on something else in the meantime. he seems to want this fight. not only talking about this reminding everybody that it is what he campaigned on when he won reelection. "the new york times" is he's employing the support information...